Mubadala, Tap Oil to start developing Manora field

DUBAI, July 23 Abu Dhabi's Mubadala Petroleum
and its partners will start developing the Manora concession in
the Gulf of Thailand and aim to start production in early 2014,
Mubadala said in on Monday.

Located in the northern part of the Gulf Of Thailand, the
Manora field was discovered in 2009, with a primary reservoir
estimated to have proved and probably reserves of 20.2 million
barrels, Mubadala said in a statement.

"The initial development phase will consist of 10 production
wells and five water injection wells targeting the primary
reservoir. It is planned to commence production in early 2014
and peak rates are expected to reach approximately 15,000 bpd
within a few months from first oil," the statement said.

Mubadala Petroleum, wholly owned by Abu Dhabi investment
vehicle Mubadala, is an upstream oil and gas exploration and
production company which has assets in several places including
Indonesia, the Caspian Sea and the Middle East Gulf.

WASHINGTON, Dec 9 The U.S. Senate was preparing
to pass a government spending bill on Friday evening after
Democrats from coal states announced they would not risk a
government shutdown by continuing to delay the vote.